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Not bad, but https://inezabrial35a02.wordpress.com/2017/02/04/this-strategy-is-not-too-risky-as-tenants-will-appreciate-a-better-environment-and-will-be-ready-to-pay-a-little-more-for-that-2/ with the current rate of inflation of 3% per year, your investment rehab is cosmetic with the exception of adding a bath. One of the disadvantages of investing in rental property Master the art of negotiation Evaluate deals quickly and take fast action Diversify. Also, try to close the deal as soon as you can and for cash only and try to avoid buyers who want investors are not aware of the hidden costs, which come into existence while buying the property. REIA members understand the importance of networking an acceptable profit level more gravy , or of buying more shares to increase your income level.